Cash-strapped Canadian electrolyser maker Next Hydrogen closes over $1m in new loans

Proceeds will be used to ‘bridge’ the financial position of the company, which has just burned through US$2.6m in 12 months

Ontario Premier Doug Ford visiting Next Hydrogen's plant in 2024.
Ontario Premier Doug Ford visiting Next Hydrogen's plant in 2024.Photo: Doug Ford's LinkedIn profile
Published 22 August 2025, 12:30Updated 22 August 2025, 12:30
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